application for documentary collection / …...whilst the collecting bank's charges will be...
TRANSCRIPT
APPLICATION FOR DOCUMENTARY COLLECTION / NEGOTIATION
Date (dd/mm/yyyy)
Type of Application Documentary Collection Negotiation
1. Drawer/Beneficiary's Name and Address 2. Drawee/Applicant's Name and Address
3.Collecting/LC Issuance Bank's Name and Address
4.Currency & Amount in Figures 5. Tenor of Draftdropdown cur list Sight
Usance at days
Other, please specify
6. Processing Instructions (for documents presented under Documentary Credit)Documents drawn under Documentary Credit No.
Discount (usance)/Purchase (sight)
Presentation to Issuing Bank for Payment / Reimbursing bank for payment
7. Documentary Collection Instructionsa) Discount/Purchase Collection of proceeds
b) Deliver Documents against : c) *Protest instructions :
Acceptance Do not protest
Payment Protest for non acceptance
Protest for non payment
Others, if any (please specify) : d) Advise of Payment / Acceptance and Due date by :
Air Mail
e) Advise of Non Payment / Non Acceptance by :
Air Mail
8. Documents Attached (please fill in the number)Insurance policy
/certificate
Certificate of Origin
In words
Business Registration Number
Reference Number
Contact Person
Telephone Number
Email Address
Fax Number
Issuance Date (dd/mm/yyyy)
Bill of Exchange Commercial Invoices Certified consular
Invoice
Acceptance / Payment may be deferred pending arrival of vessel carrying goods
* If no instructions are given regarding protest, the Bank will assume that NO protest is required
Delivery Order Air Waybill Packing List Weight List
Original
Copies
Original
Copies
Bill of Lading
Other documents
…………………………
Type
Other documents
…………………………Type
Maybank Trade and Supply Chain Financing / Application for Documentary Collection / Negotiation. Ver 1.1 Sep 2019
To :
Page 1 of 2
9. Description of Goods (please give a brief explanation)
10. Instructions on Bank Chargesa) Payment of Collection Charges
i) Your charges to be paid by Us Drawee
ii) Collecting Bank's charges to be paid by Us Drawee
b) Waive interest and / or Collection charges if refused by the drawee(s) and charge them to us
11. Additional Instructions / Conditions :
Customer to ensure all attachments are signed by Authorised Signatory/ies and stamped with the Company's Rubber Stamp, wherever applicable.
12. Instructions on Proceeds Disposal & Charges :To pay :
Upon Negotiation / discount of this draft
Upon receipt of reimbursement from Issuing / Paying bank in accordance with Letter of Credit reimbursement terms
Upon receipt of Collection Proceeds
Mode of Payment :
Please Credit Proceeds to Account Number :
Send us a Bankers Cheque
Please apply rate against Foreign Exchange Contract Number:
for the amount of
Other instructions, if any (please specify) :
14. Applicant's Authorisation and Declarationa) We request that you provide the relevant Documentary Collection/ Negotiation services (the "Trade Service") in accordance with our instructions
requested above.
b) We agree to be bound by the Standard Terms and Conditions, the General Trade Terms and any applicable Country Supplement, ServiceSupplement and agreement as you may provide to us (or as agreed between us) from time to time.
c) The terms and conditions of this Trade Service shall be governed by and construed in accordance with the laws of
d) Any term defined in the Standard Terms and Conditions and General Trade Terms shall have the same meaning set out in this Application Form
15. Authorised Signatory/ies (Complete with Company Stamp, wherever applicable)
Yes No.
If no instruction is given regarding payment of collection charges, it shall be deemed that the Bank (e.g. Remitting Bank)'s charges will be paid by the Drawer
whilst the Collecting Bank's charges will be paid by the Drawee.
at rate
Maybank Trade and Supply Chain Financing / Application for Documentary Collection / Negotiation. Ver 1.1 Sep 2019 Page 2 of 2